CXMT eyes nearly US$20 billion profit as AI-driven DRAM shortages fuel earnings turnaround

T2Covered by 1 source · first reported by JP/KR/TW: Korea Herald / Taipei Times / DigiTimes at 19 Oct, 02:38 UTC

China's leading DRAM manufacturer, ChangXin Memory Technologies (CXMT), expects to report net profit of CNY131 billion to CNY132.5 billion (≈ US$19.58 billion to US$19.8 billion) for the first nine months of 2026, reversing a year-earlier loss as surging AI computing demand fuels memory chip…

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Sources

• T2CXMT eyes nearly US$20 billion profit as AI-driven DRAM shortages fuel earnings turnaroundJP/KR/TW: Korea Herald / Taipei Times / DigiTimes19 Oct, 02:38